TORQ Inc. (8077) Stock Price

**Paragraph 1: Overview of Core Business**

Torque is a specialized trading company with fastener sales to the construction industry as its main business. The company sells rivets and bolts (fastening components such as bolts and nuts), concrete product-related hardware, and machinery tools. The group operates 8 consolidated subsidiaries, 2 related parties, and 1 other affiliated company, conducting its single business across the nation.

**Paragraph 2: Revenue Structure and Customer Base**

The company's revenue is primarily supported by construction industry demand, with wholesale and retail of various fastening components used at construction sites as the core business. Within the group, subsidiaries Cobax and O-Wa Hagane Kogyo sell similar products. The company also generates revenue through inter-company transactions, such as purchasing products from related party Hamanaka Nut Sales and selling to Okabe.

**Paragraph 3: Business Segment Details**

The company's business is divided into two main divisions. The rivet and bolt division handles a wide range of products from basic fastening components such as bolts and nuts to machinery tools. The concrete product-related hardware division sells specialized hardware designed for concrete structures. Both divisions maintain diverse product lineups to meet the varied needs of the construction industry, establishing a stable business foundation.

Torque is a specialized wholesale distributor of fasteners such as bolts and nuts. The company is pursuing a mid-term strategy built on two pillars: strengthening its core business to improve profitability and developing new ventures for growth. Torque has designated operating profit as its competitiveness indicator and operating profit growth rate as its growth indicator for focused management. In addition to nurturing subsidiaries Comax Corporation and Chusei Machinery Corporation, the company is actively considering business expansion through acquisitions, mergers, and partnerships.

Digitalization for operational efficiency and talent acquisition have become key differentiators for Torque. The company is enhancing its B2B e-commerce platform "Neji Net" and strengthening information sharing with trading partners through its inventory management system "Neji Kura" to improve productivity across the industry. To address chronic labor shortages, Torque is expanding remote work and part-time employment options and promoting hiring regardless of nationality, thereby securing talented employees through diverse and flexible work arrangements.

In new market development, Torque is significantly expanding its imported product lineup. To capture growing demand for low-cost imports driven by rising domestic product prices, the company is introducing affordable, high-quality imported products in product categories it has not previously handled, thereby expanding sales opportunities. Simultaneously, the company is advancing entry into adjacent industries through partnerships and M&A, while actively proposing support for businesses lacking successors, aiming to accelerate growth in the mature market.

Torque is transforming from a mature enterprise into a continuously growing company through core business strengthening centered on updating and improving existing logistics systems, expanding product range, and enhancing information systems. Through proactive adoption of new technologies and services, the company aims to establish itself as a leader in the fastener industry and is building comprehensive competitive advantages by combining digitalization, talent strategy, and new product development.